As Bitcoin Price Falls Below $94,000, Big Whales Are Doing This

The sharp decline in the cryptocurrency market has accelerated the actions of large investors, or whales. On-chain data reveals millions of dollars in position changes in the last 24 hours. A notable trade occurred on Solana during the hours when selling pressure intensified in the market. A large whale with the short address DYzF92 exited the market after selling 33,366 SOL, which he had purchased seven months earlier, for approximately $4.71 million. The investor acquired 32,083 SOL for $4.94 million and earned 1,283 SOL ($181,000) from staking during that time. Despite this, he closed his position with a total loss of approximately $230,000. Another whale transaction within the Solana ecosystem involved Zcash (ZEC). A ZEC whale spent $30.1,000 today to purchase 3.22 million GHOST. The whale currently holds 944 ZEC ($650,000) and has made over $334,000 in profit from ZEC trading to date. Related News: Founder of the Most Talked-About...

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